On April 21, a meeting was held between the Minister of Investment, Industry and Trade of the Republic of Uzbekistan, Laziz Kudratov, and a delegation from the Kingdom of Saudi Arabia led by Deputy Minister of Energy Fuad Mosa and Vice President of the Local Content and Government Procurement Authority, Mohammed Al-Qahtani.

During the meeting, the parties exchanged experiences in developing the production of industrial spheres, enhancing value chains, systematically expanding industrial cooperation, increasing the share of localized products in investment projects, and modernizing key industrial sectors.

The parties reached an agreement to develop a "local content" system in Uzbekistan, drawing on Saudi Arabia's successful experience in this area. "Caspian Energy Media" reports with reference to the Ministry of Investment, Industry, and Trade of Uzbekistan.